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GOOGL Current Contract Liabilities

Current Contract Liabilities

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As of Q4'25, GOOGL's current contract liabilities stand at USD 6.58B, marking a significant decrease from the previous quarter's USD 15.62B. This sharp drop represents the lowest point in the reported period, following several quarters of sustained higher levels. From Q1'23 to Q3'25, GOOGL's current contract liabilities generally exhibited an upward trend, rising from USD 12.14B to a peak of USD 15.62B in Q3'25, with minor fluctuations along the way. The abrupt decline in Q4'25 breaks this pattern, suggesting a notable shift in contract obligations or revenue recognition practices at the end of the period.